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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. After he and Helen marry, Sam aims to build his family financial structure similar to ____________.
(a) How the Robsons created their family fortune.
(b) How his father had created their family fortune.
(c) How other wealthy men had built their fortunes.
(d) How his boss created his fortune.

2. With what does Sam not want to deal that plague stores in bigger cities?
(a) Wealthy clientele.
(b) A lack of space for building.
(c) Real estate issues, legal quandaries, and zoning problems.
(d) Theft.

3. What does Sam do after the answer to number 88?
(a) He encourages his new neighbors to support the building of a Wal-Mart.
(b) He bribes the community counsel members into supporting his store.
(c) He runs the competition out of town.
(d) He pulls out a map, filling in every area in that market region.

4. Sam describes Phil as a man who not only likes to swim upstream but also that he likes to do it __________.
(a) With weights on to show what he can really do.
(b) With a lot of attention.
(c) In the morning.
(d) Quickly.

5. He decides to run for the student body president and wins by doing one important move. What is that move?
(a) Bribing his fellow students with money or passing grades.
(b) Recruiting followers.
(c) He speaks to people before they speak to him.
(d) Blackmailing some of the student body.

6. Sam and his brother Bud go into business together and purchase outright ______________.
(a) An old Kmart store in Ruskin Heights.
(b) An old Woolworth store in Ruskin Heights.
(c) An old Meijer store in Ruskin Heights.
(d) An old Ben Franklin store in Ruskin Heights.

7. Sam enlists the help of Charlie Baum, whom he met ______________.
(a) While working with the Ben Franklin store.
(b) While in college.
(c) While working at JC Penney.
(d) In high school.

8. Sam has the personality of _______________.
(a) A task master.
(b) A clown.
(c) A promoter.
(d) Santa Claus.

9. Sam was born in ___________.
(a) Tulsa, Oklahoma.
(b) Oklahoma City, Oklahoma.
(c) Kingfisher, Oklahoma.
(d) Indianapolis, Indiana.

10. When does Wal-Mart become a publicly-traded company?
(a) October 1, 1970.
(b) October 1, 1968.
(c) October 1, 1975.
(d) October 1, 1980.

11. On what does Sam concentrate?
(a) His family.
(b) His customers.
(c) Himself.
(d) His employees.

12. ____________ is one store that expanded and had a distribution center that offered a superior product merchandise that Wal-Mart could offer their customers.
(a) Target.
(b) Kmart.
(c) Giant Eagle.
(d) Meijer.

13. It is due to _________ that the company has been able to outperform the competition?
(a) The Walton family members.
(b) The executives.
(c) The managers.
(d) The associates.

14. For a variety of reasons, Rob convinces Sam to do what with his debt?
(a) Split his debt into many small loans for the business.
(b) Reconsolidate it into one large personal loan.
(c) Split his debt into a few small personal loans.
(d) Reconsolidate it into one large loan for the business.

15. At the time, nobody wants to invest in the idea with Bud putting only 3 percent into it and another manager from Texas putting in 2 percent. Other than that, Sam had to come up with what percent of the financing on his own?
(a) 95.
(b) 85.
(c) 90.
(d) 98.

Short Answer Questions

1. They officially close the door on ___________.

2. To encourage family togetherness, what does Sam do?

3. The one mistake that Helen cannot forgive Sam for _________________.

4. Sam is always looking for new and different ways to do things and takes great pleasure in ___________.

5. Sam attends the University of Missouri since he is already well-known in Columbia and joins what fraternity?

(see the answer keys)

This section contains 611 words (approx. 3 pages at 300 words per page) View a FREE sample